Commercial Sale · Hotel/Motel
3401 NE 10th St # 12, Pompano Beach FL 33062, POMPANO BEACH, FL, 33062
Active226 days on marketListed Jan 2, 2026MLS #A11937788
About this property
The property at a glance
Asking price reduced - Owner wants to negotiate and sale! 7 apartments of the 11 total are available for purchase in this beautiful 4 story condominium located directly on the sand. The 7 (full kitchens and fully furnished) were purchased as a family retreat 16 years ago. You must come and experience the tranquility of the property to appreciate what it has to offer – Spectacular views, heated pool, private beach area, convenient parking, elevator, 2 laundry rooms… Per the recently completed Structural Integrity Reserve Study the property is well maintained plus it has a new roof, pool heater / pump and standpipe fire system. The condo association monthly fee is only $650 per apartment, and there is $20,000 in the reserve fund. The other 4 owners are out of state and seldom use their apartment. Per the Association’s condo attorney, owning 51% of the apartments provides the opportunity to replace board members and thereby have partial control of the Association. And when an owner decides to sell, you have the first right of refusal to purchase their apartment. In addition to being a family retreat, the apartments have tremendous potential to be positioned as an upscale boutique hotel. The asking price per apartment for this direct oceanfront gem is less than many dry lot properties located on the west side of A1A! Ok to drive by but listing agent must schedule and accompany site visits.
4,918
Building sq ft
$488
Price / sq ft
7,400
Lot sq ft
1980
Year built
1
Building
RM-45/HR
Zoning
Hotel/Motel
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$13,152/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Donna to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
8,834
Population
$71,724
Median income
62
Median age
2
Avg household
$436,486
Median home value
$2,321/mo
Median rent
226
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Recent sales
What actually sold near 3401 NE 10th St # 12
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,775,000
3211 SE 6 Street, Pompano Beach FL 33062
Sold Nov 21, 2024
$4,000,000
611 NE 42nd Street, Deerfield Beach FL 33064
Sold Sep 4, 2024
$20,000
1436 E Atlantic Blvd, Pompano Beach FL 33060
Sold Jan 1, 2025
Your team
The pros in your corner
Your agent
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 3401 NE 10th St # 12 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 3401 NE 10th St # 12.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Coldwell Banker Realty · William Miller. MLS #A11937788.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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